Boston Real Estate for Sale

Visit msnbc.com for breaking news, world news, and news about the economy

As the Fed’s involvement in the mortgage-backed security market heads toward its expiration date, many in the industry are wondering whether the government’s involvement in the housing market has had a long-term impact. Shari Olefson had no qualms about weighing in on one initiative. She told CNBC that the Obama administration’s mortgage modification program “was a big, fat failure.”

What are your thoughts?

Call Now